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8-Unit Mixed-Use Property
For Sale
$999,900

158 N Laramie Avenue, Chicago, IL 60644

Residential apartments and commercial space share one income-producing property configuration.

Property SizeContact for details
Days on Market530

Property Features for 158 N Laramie Avenue

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 6 x 4BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $14,676

Amenities

3

Building Details

Year Built 1927
Listing Agency: YBRS Realty Inc.
Listed By: Sagar Shah · License #475166155
Source: Xome
Added: Mar 19, 2025 Changed: Aug 29 Last Checked: Aug 30 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of YBRS Realty Inc.

Investment Insights

Based on property information with market context.

This mixed-use property contains eight units, combining six residential apartments with two commercial spaces. Each apartment includes four bedrooms, one bathroom, and hardwood floors throughout, providing a consistent residential layout across the apartment component.

Constructed in 1927, the property brings residential and commercial occupancy into a single building at 158 N Laramie Avenue in Chicago. The combination of apartment units and commercial space creates a diversified configuration for buyers seeking a property with both housing and business-use components.

Key Highlights

  • Eight‑unit mixed‑use property with six apartments and two commercial units
  • Six residential apartments, each with 4 bedrooms and 1 bath
  • Hardwood floors throughout each residential apartment

Property Analytics

Current Use

Laramie and Maypole Mini ... Grocery & Convenience Store Riverland Groceries Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,132
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential apartments and commercial space share one income-producing property configuration.
Where is this mixed-use property located?
The property is located at 158 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Eight‑unit mixed‑use property with six apartments and two commercial units; Six residential apartments, each with 4 bedrooms and 1 bath; Hardwood floors throughout each residential apartment
More about this property
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